Page 1 of 1
Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 3:10 pm
by Josh_76
https://international.thenewslens.com/article/99200
"Cambodia owes about half of its US$6 billion debt to China, or about 15 percent of Cambodia’s US$22 billion GDP. And a recent Bloomberg report cites the Center for Global Development, a Washington research group, as indicating that a further US$3.5 billion in Chinese loans are being pumped into Cambodia on the back of BRI.
As it stands, Cambodia’s overall debt level at 38 percent of GDP in 2017 is manageable, even enviable by the standards of Japan (245 percent) and the U.S. (118 percent), but the African proverb “If a man’s hand is another man’s pocket, he must walk where he walks” surely applies."
Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 3:40 pm
by Duncan
Josh_76 wrote: ↑Mon Jul 09, 2018 3:10 pm
https://international.thenewslens.com/article/99200
"Cambodia owes about half of its US$6 billion debt to China, or about 15 percent of Cambodia’s US$22 billion GDP. And a recent Bloomberg report cites the Center for Global Development, a Washington research group, as indicating that a further US$3.5 billion in Chinese loans are being pumped into Cambodia on the back of BRI.
As it stands, Cambodia’s overall debt level at 38 percent of GDP in 2017 is manageable, even enviable by the standards of Japan (245 percent) and the U.S. (118 percent), but the African proverb
“If a man’s hand is another man’s pocket, he must walk where he walks” surely applies."
Thank God we have two hands.
Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 5:43 pm
by bangkokhooker
i find it funny that saying comes from africa the biggest scammers on earth!
u walk where he walks to get his wallet.
Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 6:20 pm
by that genius
bangkokhooker wrote: ↑Mon Jul 09, 2018 5:43 pm
i find it funny that saying comes from africa the biggest scammers on earth!
Biggest scammers..monotheistic religions...only one from Africa. Two from middle east.
Colonialism..the west.
IMF and World Bank..the west
Privatisation of basic services - water/electricity...the west
Bigpharma...the west
Bottled water..the west.
Voluntourism...the west.
West rules in terms of scams
Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 6:34 pm
by John Bingham
that genius wrote: ↑Mon Jul 09, 2018 6:20 pm
bangkokhooker wrote: ↑Mon Jul 09, 2018 5:43 pm
i find it funny that saying comes from africa the biggest scammers on earth!
Biggest scammers..monotheistic religions...only one from Africa. Two from middle east.
Colonialism..the west.
IMF and World Bank..the west
Privatisation of basic services - water/electricity...the west
Bigpharma...the west
Bottled water..the west.
Voluntourism...the west.
West rules in terms of scams
Which religion from Africa do you mean?
Re: Weighing the Costs of Cambodia's Rental to China (Opinion piece)
Posted: Mon Jul 09, 2018 6:54 pm
by that genius
Should read as expanding from, they moved along the N African coast and thence to Spain, but yes, originated in Saudi